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Equiscale · Syntellia LLC
Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates through three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. The Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; standard auto coverage including liability, collision, and comprehensive; property coverage for homeowners and renters. The Life & Retirement segment sells tax-qualified fixed, fixed indexed, and variable annuities; the Horace Mann Retirement Advantage open architecture platform and other defined contribution plans; traditional term, whole life insurance products, and indexed universal life (IUL) products. This segment also offers Life by Design, a portfolio of individual whole life and individual term insurance products that address the financial planning needs of educators; Life Select, a combination product that mixes a base of either traditional whole life, 20-pay life, or life paid-up at age 65 with a variety of term riders; single premium whole life products; and cash value term. The Supplemental & Group Benefits segment offers employer-sponsored products, including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverages. The company offers individual protection and savings solutions, including auto insurance, property insurance, liability insurance, 403(b) retirement plans, mutual funds, life insurance, student loan solutions, credit monitoring, and financial wellness workshops. It distributes its products and services through agents, brokers, benefit specialists, direct and digital channels. The company was founded in 1945 and is headquartered in Springfield, Illinois.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.6B | - | $162M | $553M | 10.9% | 4.8% | 57.7% |
| 2024 | $1.6B | - | $103M | $452M | 8.0% | 8.2% | 128.4% |
| 2023 | $1.4B | - | $45M | $302M | 3.8% | 6.8% | 127.3% |
| 2022 | $1.3B | - | $20M | $172M | 1.8% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,341.10 | 1,432.80 | 1,550.40 | 1,624.90 |
| Operating Revenue | - | 1,341.10 | 1,432.80 | 1,550.40 | 1,624.90 |
| Total Expenses | - | 1,324.60 | 1,379.50 | 1,421.80 | 1,423.70 |
| EBIT | - | 35.90 | 83 | 163.20 | 237.60 |
| Interest Expense | - | 19.40 | 29.70 | 34.60 | 36.40 |
| Net Interest Income | - | -19.40 | -29.70 | -34.60 | -36.40 |
| Other Income Expense | - | 9.50 | 14 | 20.80 | 21.70 |
| Interest Expense Non Operating | - | 19.40 | 29.70 | 34.60 | 36.40 |
| Net Non Operating Interest Income Expense | - | -19.40 | -29.70 | -34.60 | -36.40 |
| Pretax Income | - | 16.50 | 53.30 | 128.60 | 201.20 |
| Tax Provision | - | -3.30 | 8.30 | 25.80 | 39.10 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.01 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 19.80 | 45 | 102.80 | 162.10 |
| Net Income From Continuing And Discontinued Operation | - | 19.80 | 45 | 102.80 | 162.10 |
| Net Income From Continuing Operation Net Minority Interest | - | 19.80 | 45 | 102.80 | 162.10 |
| Net Income | - | 19.80 | 45 | 102.80 | 162.10 |
| Net Income Common Stockholders | - | 19.80 | 45 | 102.80 | 162.10 |
| Net Income Including Noncontrolling Interests | - | 19.80 | 45 | 102.80 | 162.10 |
| Normalized Income | - | 23.59 | 45 | 102.80 | 162.10 |
| Diluted NI Availto Com Stockholders | - | 19.80 | 45 | 102.80 | 162.10 |
| Basic Average Shares | - | 41.60 | 41.30 | 41.30 | 41.20 |
| Diluted Average Shares | - | 41.80 | 41.40 | 41.50 | 41.60 |
| Reconciled Depreciation | - | 27.60 | 26.20 | 26.40 | 27.10 |
| Total Unusual Items | 0 | -4.80 | 0 | 0 | - |
| Total Unusual Items Excluding Goodwill | 0 | -4.80 | 0 | 0 | - |
| Special Income Charges | 0 | -4.80 | 0 | 0 | - |
| Impairment Of Capital Assets | 0 | 4.80 | 0 | 0 | - |
| Depreciation And Amortization In Income Statement | - | 16.80 | 14.80 | 14.50 | 14.30 |
| Other Operating Expenses | - | 315.50 | 318.10 | 345.50 | 396.60 |
| Amortization | - | 16.80 | 14.80 | 14.50 | 14.30 |
| Loss Adjustment Expense | - | 747 | 769.10 | 745 | 711.50 |
| Net Policyholder Benefits And Claims | - | 747 | 769.10 | 745 | 711.50 |
| Policyholder Benefits Gross | - | 790.50 | 814.80 | 788 | 759.60 |
| Policyholder Benefits Ceded | - | 43.50 | 45.70 | 43 | 48.10 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Horace Mann Educators Corporationthis co. | HMN | $1.8B | 11.35 | 1.24 | 10.9% | - |
| Stellar Bancorp, Inc. | STEL | $1.9B | 18.53 | 1.14 | 6.2% | - |
| The Baldwin Insurance Group, Inc. | BWIN | $1.9B | -55.47 | 3.13 | -5.6% | 16.99 |
| National Bank Holdings Corporation | NBHC | $1.9B | 17.05 | 1.35 | 7.9% | - |
| Slide Insurance Holdings, Inc. |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| SLDE |
| $1.8B |
| 4.14 |
| 1.65 |
| 39.9% |
| - |
| Patria Investments Limited | PAX | $1.8B | 21.43 | 3.00 | 14.0% | 12.81 |
| 1st Source Corporation | SRCE | $1.8B | 11.35 | 1.41 | 12.4% | - |
| Fidelis Insurance Holdings Limited | FIHL | $1.8B | 7.93 | 0.74 | 9.4% | - |
| Skyward Specialty Insurance Group, Inc. | SKWD | $1.8B | 10.50 | 1.77 | 16.8% | - |
| Peer Median | - | 10.93 | 1.53 | 10.9% | 14.90 | |
Historically, Oct has averaged the highest return (+4.8%); Apr the lowest (-1.6%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.0%Negative MonthJan 2026: -2.97% | -2.9%Negative MonthFeb 2026: -2.90% | -1.9%Neutral MonthMar 2026: -1.91% | +6.5%Positive MonthApr 2026: +6.47% | +0.6%Neutral MonthMay 2026: +0.64% | +12.9%Positive MonthJun 2026: +12.95% | +0.9%Neutral MonthJul 2026: +0.89% | -3.3%*Negative MonthAug 2026: -3.30% | — | — | — | — |
| 2025 | -1.5%Neutral MonthJan 2025: -1.53% | +9.6%Positive MonthFeb 2025: +9.58% | +0.9%Neutral MonthMar 2025: +0.94% | -2.8%Negative MonthApr 2025: -2.78% | +4.5%Positive MonthMay 2025: +4.55% | -1.1%Neutral MonthJun 2025: -1.06% | -1.0%Neutral MonthJul 2025: -1.02% | +8.1%Positive MonthAug 2025: +8.11% | -1.8%Neutral MonthSep 2025: -1.76% | -1.0%Neutral MonthOct 2025: -1.02% | +2.4%Positive MonthNov 2025: +2.39% | +0.9%Neutral MonthDec 2025: +0.87% |
| 2024 | +12.6%Positive MonthJan 2024: +12.63% | -1.7%Neutral MonthFeb 2024: -1.74% | +2.2%Positive MonthMar 2024: +2.21% | -0.4%Neutral MonthApr 2024: -0.35% | -7.3%Negative MonthMay 2024: -7.30% | -4.5%Negative MonthJun 2024: -4.54% | +6.0%Positive MonthJul 2024: +5.98% | +3.0%Positive MonthAug 2024: +3.01% | -1.9%Neutral MonthSep 2024: -1.85% | +6.6%Positive MonthOct 2024: +6.55% | +12.4%Positive MonthNov 2024: +12.43% | -6.3%Negative MonthDec 2024: -6.31% |
| 2023 | -4.7%Negative MonthJan 2023: -4.71% | +3.8%Positive MonthFeb 2023: +3.79% | -9.4%Negative MonthMar 2023: -9.42% | -6.6%Negative MonthApr 2023: -6.57% | -3.9%Negative MonthMay 2023: -3.93% | -1.3%Neutral MonthJun 2023: -1.30% | +1.6%Neutral MonthJul 2023: +1.58% | -4.9%Negative MonthAug 2023: -4.88% | +2.5%Positive MonthSep 2023: +2.51% | +8.0%Positive MonthOct 2023: +8.00% | +5.5%Positive MonthNov 2023: +5.45% | -2.3%Negative MonthDec 2023: -2.27% |
| 2022 | -1.8%Neutral MonthJan 2022: -1.78% | +9.4%Positive MonthFeb 2022: +9.42% | +0.6%Neutral MonthMar 2022: +0.58% | -4.7%Negative MonthApr 2022: -4.73% | +1.5%Neutral MonthMay 2022: +1.53% | -5.1%Negative MonthJun 2022: -5.14% | -10.8%Negative MonthJul 2022: -10.76% | +4.4%Positive MonthAug 2022: +4.44% | -1.3%Neutral MonthSep 2022: -1.34% | +11.8%Positive MonthOct 2022: +11.82% | -2.2%Negative MonthNov 2022: -2.20% | -3.2%Negative MonthDec 2022: -3.16% |
| 2021 | — | — | — | — | -0.6%Neutral MonthMay 2021: -0.57% | -6.1%Negative MonthJun 2021: -6.14% | +6.4%Positive MonthJul 2021: +6.39% | +3.0%Positive MonthAug 2021: +2.99% | -3.0%Negative MonthSep 2021: -2.95% | -1.5%Neutral MonthOct 2021: -1.53% | -5.4%Negative MonthNov 2021: -5.39% | +4.4%Positive MonthDec 2021: +4.40% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
